Investors agree to Pilkington bond buyback

Holders of Pilkington's only outstanding bond have accepted Nippon Sheet Glass (NSG)'s offer to buy it back, the British glassmaker said on Thursday.

Pilkington agreed to be bought by Nippon Sheet Glass in February, in a deal worth more than $5 billion.

Pilkington said noteholders had accepted NSG's offer to amend the terms of the outstanding 350 million euro, 6.5 percent variable coupon notes due 2008, to allow for their early redemption.

Read the entire news on the source link below.

600450 Investors agree to Pilkington bond buyback glassonweb.com

See more news about:

Others also read

Prism Architectural: 7-8 St Martins Place, London
Prism Architectural are pleased to continue their working relationship with Willmott Dixon Interiors on 7-8 St Martins Place, London.
Selly Oak Retail Park Next for Bennetts
Aluminium glazing specialists Bennett Architectural have been chosen to work on the NEXT store at at the brand new Selly Oak Retail Park.
Kings College, Wimbledon
Prism Architectural are pleased to announce the appointment by Knight Harwood to deliver the external glazing to Kings College, Wimbledon.
Allegion Acquires Advanced Fire-Rated Glass Products Manufacturer TGP
Allegion, plc, a leading global security products and solutions provider, has acquired Technical Glass Products (TGP) through one of its subsidiaries.
Custom Folding Glass Wall for High-End Restaurant
When designing a three-story restaurant overlooking the Chicago River, a client approached Solar Innovations® for a custom Folding Glass Wall.
Pilkington Spectrum
Pilkington Spectrum, one of the industry’s most popular glass specifying tool, is now available to use on-the-go following the launch of a new smartphone app.

Add new comment